Agency / Source: HOCHTIEF AG

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HOCHTIEF Wins EUR 580 Million Contract for A7 Tunnel Altona in Hamburg - HOCHTIEF has been awarded by DEGES the contract for construction of the complex 2.2-kilometer-long noise protection tunnel Altona on the A7 highway in Hamburg including access and exit roads - DEGES.de / HOCHTIEF.com
HOCHTIEF Wins EUR 580 Million Contract for A7 Tunnel Altona in Hamburg

 

PRZOOM - /newswire/ - Essen, Ruhr, Germany, 2021/01/06 - HOCHTIEF has been awarded by DEGES the contract for construction of the complex 2.2-kilometer-long noise protection tunnel Altona on the A7 highway in Hamburg including access and exit roads - DEGES.de / HOCHTIEF.com. ASX: CIM

   
 
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HOCHTIEF has been awarded by DEGES (deges.de) the contract for construction of the complex 2.2-kilometer-long noise protection tunnel Altona on the A7 highway in Hamburg including access and exit roads. The project has a total volume of around EUR 580 million (net). HOCHTIEF will take on the technical lead and has a 65 percent share in a joint venture.

Work between the A7 junctions Othmarschen and Volkspark is expected to start in April 2021 and be completed by 2028. The Altona tunnel is the longest of the three “Hamburg lids” which are constructed by HOCHTIEF in the city area of Hamburg and contribute significantly to reducing the local residents’ noise exposure.

About HOCHTIEF

HOCHTIEF (hochtief.com) is an engineering-led global infrastructure group with leading positions across its core activities of construction, services and concessions/public-private partnerships (PPP) focused on Australia, North America and Europe. With around 56,000 employees and a sales volume of about EUR 24 billion in 2018, HOCHTIEF’s global presence is focused on developed markets. Via CIMIC, the Group is market leader in Australia. In the USA, HOCHTIEF is the No. 1 general builder via Turner. Flatiron ranks among the most important players in the field of civil works, mainly in transportation infrastructure. HOCHTIEF owns a 20% stake in Abertis, the leading international toll road operator. Thanks to its commitment to sustainability, HOCHTIEF has been listed in the Dow Jones Sustainability Indexes since 2006.

 
 
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Agency / Source: HOCHTIEF AG

 
 

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HOCHTIEF Wins EUR 580 Million Contract for A7 Tunnel Altona in Hamburg

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DEGES | HOCHTIEF
Contact: Dr. Bernd Pütter - HOCHTIEF.com 
+49 201 824-2610 presse[.]hochtief.de
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any HOCHTIEF AG securities in any jurisdiction including any other companies listed or named in this release.

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